US Air Force awards Raytheon $91.5 million for MALD-J
Get Alerts RTN Hot Sheet
Join SI Premium – FREE
TUCSON, Ariz., March 31, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) received a $91.5 million U.S. Air Force contract modification award for the Miniature Air Launched Decoy Jammer (MALD-J) missile. The contract modification is for Lot 8.
Work will be performed in Tucson and is expected to be complete by June 2017. This award was booked in the first quarter 2015.
About MALD and MALD-JMALD® is a state-of-the-art, low-cost expendable flight vehicle that is modular, air-launched and programmable. It weighs fewer than 300 pounds and has a range of approximately 500 nautical miles. MALD-J adds radar-jamming capability to the basic MALD platform.
- MALD confuses enemy air defenses by duplicating friendly aircraft flight profiles and radar signatures.
- MALD-J maintains all capabilities of MALD and adds jamming capabilities.
- Raytheon began delivery of MALD-Js in the fall of 2012.
About Raytheon Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 93 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as cyber security and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @raytheon.
Media ContactsAshley Mehl+1.520.794.5142[email protected]
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-air-force-awards-raytheon-915-million-for-mald-j-300058126.html
SOURCE Raytheon Company
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jessup University’s New President Dr. Meghan Simpkins to Unveil Innovative Strategy at Inauguration
- US Storage Units Guides Renters on Matching Unit Size to Move
- Rönesans Selects MEVION S250-FIT for Landmark Proton Therapy Investment in Türkiye
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share